NORTHCLIFF ANNOUNCES AMENDMENT TO LOAN FINANCING

Northcliff Resources Ltd. has successfully negotiated favorable amendments to its existing secured loan facility with Todd Sisson (NZ) Limited, a subsidiary of the Todd Corporation which serves as the company's largest shareholder. The key modifications include extending the maturity date to June 17, 2026, providing additional runway for the company's operations and strategic initiatives.

The amendment also increases the available funding by $3.45 million, bringing additional liquidity to support Northcliff's ongoing activities. This arrangement demonstrates continued confidence from the company's major shareholder and provides financial flexibility during what appears to be a strategic period for the organization.

The loan facility amendment represents a pragmatic approach to corporate finance, leveraging existing shareholder relationships rather than seeking external capital markets funding. This type of related-party financing often comes with more favorable terms and demonstrates alignment between management and major shareholders, while providing the company with extended time horizons for executing its business plan.